Notice to the Market - QGEP Receives ANP Approval for Development of the Atlanta Field

Rio de Janeiro, January 7, 2013 - QGEP Participações S.A. (BMF&Bovespa: QGEP3, "Company") today announced the Company has received ANP approval of its Development Plan for the Atlanta Field.

Located in Block BS-4, the Atlanta Field is a post-salt oil field which is positioned 185 km off the coast of Brazil in the Santos Basin. QGEP is the operator of the Block and owns a 30% participating interest. Other consortium members include OGX Petróleo e Gás Participações S.A. (40%)* and Barra Energia do Brasil Petróleo e Gás Ltda. (30%).

On January 11, 2013, the Company will host a webcast presentation to provide details of the Development Plan, including the expected timeline and the related capital expenditures for the Early Production System.

Webcast Information:

Portuguese (with simultaneous translation to English)
Friday, January 11, 2013
8:30 a.m. (US EST)
11:30 a.m. (Brasília Time)
A webcast link will be available on the QGEP Investors Relations website (www.qgep.com.br/ri) beginning January 10, 2013.

* The transfer of Petrobras´s participating interest to OGX Petróleo e Gás Participações S.A. is subject to approval by the ANP.

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Updated in  2013-12-09T19:27:04
All the dates of this page are presented in official timezone of Brasilia - Brazil.

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